Airtel Money

Airtel Money is the e-wallet of Airtel Payments Bank, India.

It allows customers to pay online or offline at physical locations, pay bills, top up mobile phone and make and receive money transfers.

Customers load their wallet via their payment cards or bank account. They can also connect their mobile phone number to their bank account number via the Indian UPI (Unified Payments Interface), a real-time interbank settlement service for mobile transactions. This allows them to send or request payments via e-mail or mobile number.

Airtel Money is also available in 14 countries across Africa.

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Type Wallet
Company behind LPM Airtel Payments Bank
Market share details Bharti Airtel Limited has operations in 18 countries across Asia and Africa and ranks among the top 3 mobile service providers globally in terms of subscribers. Airtel Payments Bank was launched in January 2017 and has around 30 m customers, making IND 500 bn in annual payments. Airtel Africa is the second largest mobile operator in Africa by number of active subscribers. The group served an aggregate of 98.9 m subscribers and 14.2 m mobile money customers across its footprint as at 31 March 2019. Market share in India: 30%
Market relevance High

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